Market Snapshot
Candlelight, Santa Fe County, NM is a neighborhood market with a median home price of $484,853, a median monthly rent of $1,649, a GRM of 24.0x, and a price-to-rent ratio of 24.5.
Candlelight, Santa Fe County, NM
Median Home Price Price
$484,853 $484.9K
Median Monthly Rent Rent
$1,649 $1.6K
24.0x
Home price / annual rentLog in to save this market to your dashboard.
Comparable Markets
Use related neighborhood markets across same-county, in-state, and outside-state scopes as a starting point for side-by-side review of price, rent, GRM, and recent trend context.
Within Santa Fe
No same-county alternatives are available for this market yet.
Investment mode
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High confidence
Price
$620.2K
Rent
$1.7K
GRM
31.0x
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$620.2K
Rent
$1.7K
GRM
31.0x
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Price
$620.2K
Rent
$1.7K
GRM
31.0x
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Price
$620.2K
Rent
$1.7K
GRM
31.0x
High confidence
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Price
$589.2K
Rent
$2.2K
GRM
22.0x
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Explore the data
No similar markets found for this scope.
These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.
Home prices
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Monthly rent
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GRM = home price / annual rent
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Region
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Home prices
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Monthly rent
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GRM = home price / annual rent
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Region
Show
These charts compare the selected market against displayed similar markets for home prices, monthly rent, and GRM. The nearby similar markets table provides the accessible market names and current metrics.
Home prices
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Monthly rent
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GRM = home price / annual rent
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Similar markets map
Candlelight
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Benchmark comparison
Rent in Candlelight, NM is 1.4% lower than Volcano Cliffs, NM.
Compare to
Volcano Cliffs, NM
Candlelight, NM
Volcano Cliffs, NM
Delta
Median rent
$1,649
$1,673
+$24
Median price
$484,853
$620,231
+$135,378
YoY change
+$58
+$56
-$2
Price-to-rent
24.5x
30.9x
+6.4x
Key takeaways
- Candlelight, Santa Fe County, NM has a higher-grm screening profile: At 24.0x GRM, current rent may provide less support for the purchase price.
- Higher GRM is not automatically negative; it may reflect appreciation expectations, scarcity, or lifestyle premium.
- Rent momentum is positive, with median rent up about $58 year over year.
- Rent in Candlelight, NM is 1.4% lower than Volcano Cliffs, NM.